lukx zline trading log + cfabian p.35 + adaseb p.48

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IN-XS
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Postby IN-XS » Mon Nov 09, 2009 4:59 pm

Still in on that trade, thinking about closing out at the first z-line though!

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Try not to become a man of success but rather to become a man of value.

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cfabian
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Postby cfabian » Mon Nov 09, 2009 7:38 pm

Nice one...
I was considering entering short at 1.6805 based on H1.
Didn't do so as my PC had some issues (rare on windows) and missed my exact entry point. When logging in price had moved around 20 in my direction, and didn't want to enter it at worse price than what I called.

I've been there and every time I want to chase price it bites my ass, so prefer to wait for another set up. Too bad as it was a 100 pip trade.



IN-XS wrote:Still in on that trade, thinking about closing out at the first z-line though!

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WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

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IN-XS
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Postby IN-XS » Mon Nov 09, 2009 7:53 pm

Thank you!

I am still an amateur and I know exactly what you mean by chasing the price. I take my trade based on 1H and then follow it on the 4H. This helps me from exiting too soon.
Try not to become a man of success but rather to become a man of value.

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lukx
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Postby lukx » Tue Nov 10, 2009 1:15 pm

LONG:

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IN-XS
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Postby IN-XS » Tue Nov 10, 2009 1:22 pm

Im still short on GBPUSD, it will retrace soon I think, but I think you may be a bit early. I could be wrong of course, we will just have to see. Good luck with your trade.
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IN-XS
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Postby IN-XS » Tue Nov 10, 2009 2:00 pm

Did not expect it to rise that much, well done lukx you must have got a few pips off that one?
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adaseb
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Postby adaseb » Tue Nov 10, 2009 2:21 pm

lukx wrote:LONG:

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Nice trade. Did you enter on that MightyZone that was created 4 hours prior?

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lukx
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Postby lukx » Tue Nov 10, 2009 2:48 pm

adaseb I entered based on this zl :

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lukx
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Postby lukx » Tue Nov 10, 2009 2:49 pm

SL moved to break even:

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Postby lukx » Tue Nov 10, 2009 3:30 pm

OUT: 90 pips is enough for me:

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